Cheseaux-sur-Lausanne, Switzerland, Phoenix (AZ), USA, and Tempe (AZ), USA, October 21, 2019 – The Kudelski Group (SIX: KUD.S), the world leader in digital security, and CoreKinect, a leader in scalable hardware design & manufacturing, today announced the launch of a joint solution enabling grocers and other food retailers to securely track food using an end-to-end cold chain tracking solution called FreshTrack. Kudelski is providing hardware-based device and data security embedded into CoreKinect’s flexible trackers. The solution can easily be modified for monitoring the quality and authenticity of any other asset.
Using a low-cost, flexible tracker and simple applications, FreshTrack creates visibility and transparency, helps pinpoint problems and improves operational processes. The miniature tracker can be placed on every box and pallet, and is secured by the Kudelski IoT Platform to ensure that the data can be trusted and verified by all involved
CoreKinect’s state-of-the-art, disposable tracking and sensing solution can be incorporated into boxes, pallets or even food packaging to monitor the temperature, humidity and other transport conditions of food throughout the entire distribution chain. When a shipment arrives to a receiving dock, the receiving manager can use FreshTrack to immediately see whether each item has been transported within pre-defined specifications, and can make an informed decision about whether to accept or reject the shipment. Regional management can have visibility of all their stores in order to identify trends and resolve recurrent issues based on trusted data.
The FAO estimates that one-third of all food produced is lost or wasted, equating to a loss of $936 billion each year in the U.S. alone. There are places in the delivery process where the cold chain becomes broken, but it’s difficult to monitor how, when, or why this happens, resulting in significant financial losses, reductions in efficiency, visibility and disappointed consumers. By ensuring that data is protected from the point it is generated to the point an authorized user can access it, every player in the chain is delivering and receiving the value that was promised, preventing fraud and tampering and ultimately ensuring consumers receive fresh, healthy food with less food wasted.
Ali Kozlica, Executive Chairman at CoreKinect: “Cutting-edge sensors, on a flexible material, manufactured at a disruptive price point are groundbreaking. CoreKinect’s proprietary hardware architecture allows us to deliver on the promise of IoT with scale. This technology gives realtime insights to make smart decisions about food quality to better serve the needs of both consumers and shareholders.”
The Kudelski IoT Security Platform provides end-to-end protection from silicon to cloud for IoT devices, thereby securely and sustainably enabling new business models and operational efficiencies. It provides device security, data security, access management and active security to safeguard the entire product lifecycle. The Platform has already been adopted by communication service providers and consumer electronics, medical, asset tracking and industrial IoT partners and clients.
To learn more about the FreshTrack solution, watch our video here.
Kudelski Group and CoreKinect will be at MWC Americas in Los Angeles, October 22-24. To schedule a meeting, please write info@kudelski-iot.com
About CoreKinect
Tempe, Arizona-based CoreKinect is a leader in hardware design that has changed the way scalable IoT solutions are delivered. Through fierce dedication to design principles, CoreKinect’s clients achieve scale without compromising quality or customization. This delivers an accelerated time-to-scale, simplified deployments and uncompromised quality. CoreKinect develops products for asset tracking, vehicle and fleet management, smart home, smart city, wearables, agriculture and energy management. Visit www.corekinect.com.
Kudelski IoT is the Internet of Things division of Kudelski Group and provides end-to-end IoT solutions, IoT product design, and full-lifecycle services to IoT device manufacturers, ecosystem creators, and end-user companies. These solutions and services leverage the group’s 30+ years of innovation in digital business model creation; hardware, software and ecosystem design and testing; state-of-the-art security lifecycle management technologies and services and managed operation of complex systems. For more information about Kudelski IOT, please visit www.kudelski-iot.com.
The Kudelski Group (SIX: KUD.S) is a world leader in digital business enablement technologies that encompass digital content security, cybersecurity, and IoT.
NAGRAVISION provides end-to-end convergent media solutions to the digital entertainment industry including services and applications requiring access control and rights management to secure the revenue in digital television, internet, mobile and interactive applications.
Kudelski Security is an innovative, independent provider of tailored cybersecurity solutions to help enterprises and public sector institutions assess risks and vulnerabilities and protect their data and systems.
Kudelski IoT provides end-to-end solutions, IoT product design, and full-lifecycle services to IoT device manufacturers, ecosystem creators and end-user companies.
The Kudelski Group is headquartered in Cheseaux-sur-Lausanne, Switzerland and Phoenix (AZ), USA with offices in 32 countries around the world. For more information, please visit www.nagra.com.
